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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (40023)	9/22/2000 3:52:57 AM
From: Jimbo	Respond to of 77400

Monty - if you think I am kidding around you are gravely mistaken - this is serious business. I don't read/post on SI to be "kidding" around. Go back and read my statement very, very carefully. INTC is a core holding in many pension funds in the US. People are going to get hurt big time by this. Your comment about this POS market troubles me, what do you expect, INTC misses numbers (relatively high PE) and it gets a haircut. Thats how the market works. Valuations on tech stocks , especially the large caps are sky high and priced to perfection. Any misstep and they are toast.